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EURUSD

  • #662,921
  • Jun 28, 2012 11:25am Jun 28, 2012 11:25am
Quoting attila
Yeah, fine... I don't know why the hell I'm still posting on this stupid forum anymore. All I get is head ache and shit.. Whatever..
lol, I came back to horse around to see if I could get banned and I didn't so...

besides, when I was "fishing for ideas", reading forums was more interesting to me. Now that I started forming my own opinions, I only come here by curiosity and sometimes boredom (unless I see a price spike I can't explain, I might come here to get a clue).
  • #662,922
  • Jun 28, 2012 11:27am Jun 28, 2012 11:27am
Bear Flag? or I should say pennant
1 hr Chart
  • #662,923
  • Jun 28, 2012 11:34am Jun 28, 2012 11:34am
Quoting pipnaija
hello Real traders, party poopers , gamblers , dancers and pip suckers....

Hope trading has been going on well here. just popped in to drop BOMSHELLZZZZ as usual.. 2000+ pips completed for month perfectly on 9 different currencies no loss...150+ pips pending lock in on GBPCAD (only open position)... "STROKES OF A MASTER" RIGHT??

Attachment


GOOD...

i am giving analysis for the next 2 weeks RIGHT NOW..

REMEMBER ... these trades will be activated if market goes COUNTER DIRECTION once before going back...
this is my post last week for reference. almost forgot. BYE..



READ and look @ your charts.. incase you doubt some of the positions taking time to form bottoms.. give them one more week...



i'm out till i'm pipped +1000 pips.
  • #662,924
  • Jun 28, 2012 11:37am Jun 28, 2012 11:37am
Quoting attila
1/6 of the U.S economy being affected by this law is no noise. It will be bad for the economy, good for the people if one can fathom that..

Although, I am as much against taxes/government intervention as one can be, on this point I believe it is unacceptable in a civilized country to have people without medical coverage.. I'm not saying, this is the best way to go about it but something has to be done..
  • #662,925
  • Jun 28, 2012 11:38am Jun 28, 2012 11:38am
1.2360-350 if all goes right
  • #662,926
  • Jun 28, 2012 11:57am Jun 28, 2012 11:57am
Daily 61.80 % fib extension gives some support and market is currently consolidation around the low of the 8th of June (no confirmed breach of this level so far).
  • #662,927
  • Jun 28, 2012 12:01pm Jun 28, 2012 12:01pm
Ok, I know:
- i am a rookie that has no clue,
- everyone says USD is in long-term bull state,
- EUR is virtually not alive anymore,
- USD/EUR is in long-term downtrend,
- ...

but

looking at EURUSD 1-week graph it stroke me, that maybe i am looking at inverted head and shoulders pattern charted over last 4 years.

I personally do not believe that scenario, but the chart is surprisingly telling.
Attached Image (click to enlarge)
Click to Enlarge Name: Inverted HS (jun 12).jpg Size: 125 KB
  • #662,928
  • Jun 28, 2012 12:06pm Jun 28, 2012 12:06pm
Quoting Spik
Ok, I know:
- i am a rookie that has no clue,
- everyone says USD is in long-term bull state,
- EUR is virtually not alive anymore,
- USD/EUR is in long-term downtrend,
- ...

but

looking at EURUSD 1-week graph it stroke me, that maybe i am looking at inverted head and shoulders pattern charted over last 4 years.

I personally do not believe that scenario, but the chart is surprisingly telling.
bullshit stroke you, go to school again and read every goddamn word written there
http://www.babypips.com/school/head-and-shoulders.html
  • #662,929
  • Jun 28, 2012 12:14pm Jun 28, 2012 12:14pm
Quoting Spik
Ok, I know:
- i am a rookie that has no clue,
- everyone says USD is in long-term bull state,
- EUR is virtually not alive anymore,
- USD/EUR is in long-term downtrend,
- ...

but

looking at EURUSD 1-week graph it stroke me, that maybe i am looking at inverted head and shoulders pattern charted over last 4 years.

I personally do not believe that scenario, but the chart is surprisingly telling.
Put Bollinger on Monthly TF, EUR UP!
  • #662,930
  • Jun 28, 2012 12:34pm Jun 28, 2012 12:34pm
Quoting Spik
Ok, I know:
- i am a rookie that has no clue,
- everyone says USD is in long-term bull state,
- EUR is virtually not alive anymore,
- USD/EUR is in long-term downtrend,
- ...

but

looking at EURUSD 1-week graph it stroke me, that maybe i am looking at inverted head and shoulders pattern charted over last 4 years.

I personally do not believe that scenario, but the chart is surprisingly telling.

Hey Bro
Good to see you keeping an eye higher timeframes, but H&S is possible reversal, in Bull trend Inverted H&S is Bear Trend, your pattern is just above 50% of all time range.
You certainly have identified very good higher timeframe supports tho, which if anything show reason to be caautious

Remember if weekly and any "pattern" you see can take months even years to confirm, before actually playing out.
Therefore need to be very correct in pattern assessment, is a long time to be fighting if wrong
But keep eye higher timeframes, they will save you money aswell as make you money

Most good traders will have positioned into this zone and be sitting on their hands now.

Scalper will be eager for the expected volatility, but and thing longer than scalping should be put on hold.
My guess is we in 50/50 territory, with possible extreme volatility, up or down will be nasty if you get it wrong

Trade safe Trade smart
If you are new to Forex? Say Goodbye to your account!!
  • #662,931
  • Jun 28, 2012 12:57pm Jun 28, 2012 12:57pm
Quote
Although, I am as much against taxes/government intervention as one can be, on this point I believe it is unacceptable in a civilized country to have people without medical coverage.. I'm not saying, this is the best way to go about it but something has to be done..

I don't mean to be confrontational, but don't let the media and politics alter the truth. No one in america is without health care. The significant difference is freedom of choice. Heath insurance is a benefit here and a perk for employers to attract and keep quality workers. This insurance goes well beyond major medical.

Every state runs a state health department for routine care and immunizations. Under law a hospital cannot refuse critical care to anyone. So who does not have access to health care? I work in health care and have for 20 years, and all one needs to do is visit a federally run health care facility to see how well this will turn out.

This is political to get the vote of those dependent on the government handout, just like free cellphones, food stamps, and government housing.

The free market system we have works. The government cannot effectively run a health care program they have demonstrated this multiple times. So don't let the hype that the rich are trampling the poor and making children suffer because of universal health care.
Why go long...When you can go short!
  • #662,932
  • Jun 28, 2012 1:14pm Jun 28, 2012 1:14pm
On a different note. 2416 is getting beat to death, 4 tests so far. Waiting to add to shorts on solid break below.
Why go long...When you can go short!
  • #662,933
  • Jun 28, 2012 1:14pm Jun 28, 2012 1:14pm
Quoting Nazzcus
I don't mean to be confrontational, but don't let the media and politics alter the truth. No one in america is without health care. The significant difference is freedom of choice. Heath insurance is a benefit here and a perk for employers to attract and keep quality workers. This insurance goes well beyond major medical.

Every state runs a state health department for routine care and immunizations. Under law a hospital cannot refuse critical care to anyone. So who does not have access to health care? I work in health care and have for 20 years,...

It is not health care. It is a government takeover of an entire industry-one of the largest and fastest growing in the world, and it is a tax.
"The market can remain irrational longer than you can remain solvent"
  • #662,934
  • Jun 28, 2012 1:17pm Jun 28, 2012 1:17pm
Quoting Nazzcus
On a different note. 2416 is getting beat to death, 4 tests so far. Waiting to add to shorts on solid break below.
yes is at ground zero, is crunch time all ladies
If you are new to Forex? Say Goodbye to your account!!
  • #662,935
  • Jun 28, 2012 1:20pm Jun 28, 2012 1:20pm
Quoting KiwiTrada
yes is at ground zero, is crunch time all ladies
Been watching that support like a hawk today - I think it's been imprinted into my retinas :nerd:
  • #662,936
  • Jun 28, 2012 1:20pm Jun 28, 2012 1:20pm
Quote
It is not health care. It is a government takeover of an entire industry-one of the largest and fastest growing in the world, and it is a tax.

Oh, I agree totally. I am by no means in favor of the law and/or the ruling. This is going to have a severe impact on american small business and ultimately the economy as a whole.
Why go long...When you can go short!
  • #662,937
  • Jun 28, 2012 1:23pm Jun 28, 2012 1:23pm
C'mon baby! Looks like it's going Now punch through and stay there!!!
  • #662,938
  • Jun 28, 2012 1:32pm Jun 28, 2012 1:32pm
Short 2416, stop 2426. Let it ride and see.
Why go long...When you can go short!
  • #662,939
  • Jun 28, 2012 1:35pm Jun 28, 2012 1:35pm
Quoting Nazzcus
Short 2416, stop 2426. Let it ride and see.
I think it's too early for that imo - it looks like it might go back to ranging
  • #662,940
  • Jun 28, 2012 1:37pm Jun 28, 2012 1:37pm
Thing is I've been short since yesterday and this support is annoying me - that's all

That's why I'm getting all worked up about it
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